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U.S. House Prices Rise 17.4 Percent over the Last Year; Up 4.9 Percent from the First Quarter
Washington, D.C. – U.S. house prices rose 17.4 percent from the second quarter of 2020 to the second quarter of 2021 according to the Federal Housing Finance Agency House Price Index (FHFA HPI®). House prices were up 4.9 percent compared to the first quarter of 2021. FHFA’s seasonally adjusted...
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FHFA Announces Two Staffing Updates
Washington, D.C. – Today, the Federal Housing Finance Agency (FHFA) named Laura Thrift as Director of the Office of Congressional Affairs and Communications and Alexei Alexandrov as Chief Economist. “Laura brings in-depth knowledge of the legislative process to FHFA. Her experience will help FHFA...
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FHFA Proposes 2022-2024 Housing Goals for Fannie Mae and Freddie Mac
Washington, D.C. – Today, the Federal Housing Finance Agency (FHFA) proposed housing goals for Fannie Mae and Freddie Mac (the Enterprises) for 2022 to 2024. The proposed housing goals are designed to ensure the Enterprises responsibly promote equitable access to affordable housing that...
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FHFA Announces Results of Fannie Mae and Freddie Mac Dodd-Frank Act Stress Tests
Washington, D.C. – Today, the Federal Housing Finance Agency (FHFA) released reports providing the results of the 2020 and 2021 annual stress tests Fannie Mae and Freddie Mac (the Enterprises) are required to conduct under the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd...
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HUD and FHFA Announce Collaboration to Advance Fair Housing and Fair Lending Enforcement
Joint Release Department of Housing and Urban Development Federal Housing Finance Agency Washington, D.C. – Today, the U.S. Department of Housing and Urban Development (HUD) and the Federal Housing Finance Agency (FHFA) (collectively, the Agencies) entered into a first-of-its-kind collaborative...
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FHFA Announces Inclusion of Rental Payment History in Fannie Mae’s Underwriting Process
Washington, D.C. – To expand access to credit in a safe and sound manner, the Federal Housing Finance Agency (FHFA) today announced that Fannie Mae will consider rental payment history in its risk assessment processes. With the update to Fannie Mae's systems, future borrowers will have the benefit...
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FHFA Encourages Landlords of Enterprise-Backed Properties to Apply for Emergency Rental Assistance Before Evicting Tenants
Washington, D.C. – Today, the Federal Housing Finance Agency (FHFA) is encouraging landlords of properties backed by Fannie Mae or Freddie Mac (the Enterprises) to apply for Emergency Rental Assistance before starting the process of evicting a tenant for non-payment of rent. “As mentioned in the...
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Phyllis K. Fong Named Acting FHFA Inspector General
Washington, D.C. – Today, the Federal Housing Finance Agency (FHFA) announced that Phyllis K. Fong will be the Acting Inspector General (IG). Fong will continue to serve as the IG for the U.S. Department of Agriculture (USDA) while she serves as the Acting FHFA IG. As IG, Ms. Fong will be the...
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FHFA Extends COVID-19 REO Eviction Moratorium Through September 30, 2021
Washington, D.C. – Today, the Federal Housing Finance Agency (FHFA) announced that Fannie Mae and Freddie Mac (the Enterprises) are extending the moratorium on single-family real estate owned (REO) evictions until September 30, 2021. The REO eviction moratorium applies to properties that have been...
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FHFA and CFPB Release Updated Data from the National Survey of Mortgage Originations for Public Use
Washington, D.C. – The Federal Housing Finance Agency (FHFA) and the Consumer Financial Protection Bureau (CFPB) today published updated loan-level data for public use collected through the National Survey of Mortgage Originations (NSMO). The data provide insights into borrowers' experiences...